Just When We Thought A Cruise Liner Could Not Get Much Bigger

Royal Caribbean International Orders Bold New Ship

Miami - February 6, 2006 - Royal Caribbean International fast-forwarded cruise-ship innovation today by ordering a new ship that will take the line's award-winning guest experience far into the future. The 5,400-guest, 220,000-gross-registered-ton ship, a prototype developed under the project name, Genesis, builds upon the trailblazing innovations of the brand's landmark Voyager and Freedom classes of ships. Finnish shipbuilder Aker Yards will build the ship for a Fall 2009 delivery, continuing a 35-year collaboration with Royal Caribbean.

At 1,180 feet long, 154 feet wide and 240 feet high, Project Genesis will give Royal Caribbean ample room to create memorable new icons and amenities to heighten guests' cruise experience. Energy efficiency also was prioritized in the new design with significant modifications made in the form of the hull and in the air conditioning and water production and treatment systems.

The company estimates the all-in cost of the ship to be approximately $230,000 per berth or roughly comparable per berth to a Freedom-class ship, despite its being a prototype with significant advancements. The contract is contingent upon the completion of certain conditions by the end of February. Royal Caribbean also has an option for a second ship.

"It is exhilarating to take such a giant step into the future," said Royal Caribbean Chairman and CEO Richard Fain. "We are fortunate to have such gifted collaborators as Aker Yards, and such valued supporters and advisors as our guests and trade partners. Project Genesis truly is a remarkable ship. Its bold design, daring innovations and technological advancements will delight our existing cruisers and help us draw in new ones."

Yrjo Julin, president of Aker Yards Cruise and Ferries, is equally proud of the companies' work. "After developing so many generations of cruise ships together, we are excited about jumping so far out in front of cruise-ship design with this highly innovative and exciting ship," Julin said. "Working together, we will create an unparalleled experience for the next generation of cruisers."

Julin estimates Project Genesis will take 5,800 man years to complete. Aker Yards has delivered 11 ships to Royal Caribbean over the last four decades. Three of the brand's newbuilds are now under construction at the yard. The first out is Freedom of the Seas, which debuts in June.

Royal Caribbean International is a global cruise vacation company with 19 ships in service and three under construction. The company also offers unique cruisetour vacations in Alaska, Canada and Europe.